Solana meme coin Moo Deng (MOODENG) worth witnessed a exceptional 20% uptick in worth on Friday, sparking market optimism in opposition to the backdrop of a significant itemizing for the crypto. Notably, main Asian crypto alternate OKX introduced that it’s including the meme coin to its stockpile of commerce choices, producing investor curiosity globally. Crypto market fans speculate whether or not the itemizing may assist the token maintain a rally amid a bullish market, particularly throughout the meme coin sector.
OKX Unveils Itemizing For Moo Deng Sparking Investor Frenzy
In an official announcement by the Asian crypto alternate on November 15, it was delivered to consideration that MOODENG/USDT spot buying and selling on the platform is to begin beginning at 12:00 PM (UTC) right now. The platform’s colossal consumer base stays poised to bask in Moo Deng buying and selling, paving the trail for additional cash influx into the token.
In flip, the crypto at the moment surfs bullish tides throughout the market amid a meme coin frenzy. It’s noteworthy that this yr’s This fall sees a remarkably bullish meme coin market, with tokens equivalent to Dogecoin and Shiba Inu witnessing weekly beneficial properties price over 90% and 25%, respectively.
Nonetheless, MOODENG worth rally seems to have stolen the highlight amid backing from main crypto exchanges regardless of different tokens mirroring notable beneficial properties. CoinGape Media not too long ago reported that Binance launched Moo Deng futures listing with as much as 75x leverage, igniting a worth surge of 90% within the meme coin. Total, market watchers proceed to gauge the coin’s worth actions as OKX’s help may additional bolster the worth.
MOODENG Worth Soars 26%, Will Rally Maintain?
At press time, MOODENG worth shot up 26% intraday and is now buying and selling at $0.573. The coin’s 24-hour high and low had been $0.3979 and $0.5788, respectively. Concerningly, the token’s buying and selling quantity didn’t surge because the buying and selling on the alternate is to go dwell later right now. However, market watchers stay optimistic on future actions amid a bull run already taken by the token.
The Solana meme coin‘s weekly achieve totaled 103%, whereas the month-to-month chart indicated a 538% upsurge. This rising trajectory has underscored the token’s potential to supply traders exceptional beneficial properties forward.
In the meantime, Coinglass data confirmed that the coin’s futures OI soared 26% to $293.14 million. Additionally, the derivatives quantity jumped 10% to $2.60 billion. Total, the present market stats underscore a heightened market curiosity within the asset, paving a bullish path for future actions.
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